SRG Global secures $200 million in work

SRG Global (ASX:SRG) has secured $200 million worth of contracts across a diverse range of sectors in Australia and New Zealand. 

The $346.68 million market capitalisation company has accepted a 3-year term contract with Genesis Mining Services to provide production drilling, blasting, and explosives management at the Admiral Gold Operations in Western Australia. Work on this contract has now begun. 

The company has been awarded a 2-year contract extension for the production drilling services alongside Evolution Mining (ASX:EVN) at the Mount Rawdon gold operations in Queensland. Work at Rawdon has been ongoing since 2010 and is now scheduled to conclude in June 2025. 

Meanwhile, SRG has signed a 5-year term contract with Iluka Resources (ASX:ILU) to provide access services across its operations in Western and South Australia, with work also already underway. 

The other contracts have been awarded from both new and existing customers within the transport, energy, defence, water, mining, ports, and building sectors.    

SRG Global is a diversified industrial services provider bringing an engineering mindset to deliver critical services for ‘major’ industries across the entire asset lifecycle of engineering, construction, and sustaining.

The company currently has more than 3,300 employees across 3 operating segments of asset maintenance, mining services, and engineering and construction.

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Images: SRG Global
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.